I think the price shouldn't change much, Bitcoin is already to big to be crashed by failures of exchanges and darknet markets. It's steadily going mainstream, so it's no longer relies on shady operations to boost its price. And it looks like governments aren't opposing Bitcoin itself, and actually utilize public ledger to track down criminals, so there's no reason to panic for Bitcoin hodlers. And people who look for privacy should really start looking for alternative cryptocurrencies and other systems. 

They never were anonymous, anonymous transaction means that both parts are hidden, for example displayed as "xxx" or "unknown". But in Bitcoin transaction were always pseudonymous - people identities replaced by addresses, kinda like nicknames on a forum, except you can own as many addresses as you want. Both anonymity and pseudonymity serve to achieve privacy, but pseudonymity requires some effort to use correctly, and people often get exposed when they do mistakes.

Many wallets and services offer very narrow fee size options, so you could be actually overpaying fees if the load on Bitcoins network is low. This is usually done to protect users from using low fees that would make their transactions stuck or even rejected. Try to always check https://bitcoinfees.21.co/ to chose the most optimal fees when you send a transaction. This site shows fees in satoshi/byte, so you need to know the number of inputs and outputs of your transaction, and then use the formula (in*180 + out*34 + 10) to get your size in bytes.

https://www.viabtc.com/convert/bcc

Basically, some people already got "access" to their BCC on exchange and started trading it, but it very easily might be just manipulation from Jihan. Also, futures trading in cryptocurrencies can be a very bad indicator fot the real price, like for example Zcash futures were trading for thousands of USD, but then got dumped into $50, and reached only a maximum of $400 during the May-June altcoin bubble. It's very likely that BCC will get dumped to very low prices too, maybe it will then get occasional pumps, but that's all.

No one said that this is a problem specific to cryptocurrencies. But cryptocurrencies are radically different from legacy financial systems, and we as users need to develop new practices that help to prevent and investigate scams. Otherwise our crypto economy will be plagued with scammers (look at the ICO market - tons of scams and almost no one gets caught). And of course I'm not suggesting that we change cryptocurrency protocol, instead we should create and develop new institutions that will help protect customers in decentralized fashion.  This is why I created this thread to hear about any ideas that can help to fight scams in this specific case - match fixing.

Bitcoin community had a lot of newcomers with very weak hands in a past few months, and someone successful planted in their minds an idea that chain split = doom. So when users simply discussing potential forks, confused newbies are getting scared even though no one tried to intentionally spread FUD. This increases volatility to new levels, as many people are in constant panic state and sell/buy emotionally.
So, I think the price will be very unstable until the drama is officially over, and then we'll go to the moon.

It's important to remember that BCC will be mostly traded against BTC, not USD, so its USD price will depend on Bitcoins price, just like it happens with all altcoins. Sometimes this pattern brakes and some coins grow in their BTC value when BTC falls, or on the contrary, they drop if BTC grows. So, after launch on August 1st BCC will be very volatile, and with high enough volume it may even negatively influence Bitcoins price, but later it will enter this general altcoin pattern and will be declining in BTC price in the long run.

Sansa is already strong, she confronted Jon twice this season, as well as Littlefinger, and don't forget how she executed Ramsay in cold blood. She is not a fighter, but it doesn't mean she's weak, her intellect is her main weapon now.

She abandoned him because she thought he lost his mind, while he abandoned her recently out of pure fear. Or maybe he did it because he calculated that he can't save, so it's better to flee and warn Dany instead.

Cersei is one of the last villains in the show, so it's only a matter if she dies in this this season or the next one.

No it's not. The ability to fork was always there, but we had a strong consensus in Bitcoin community, so it wasn't really needed, but now, but now there's a split and some groups accuse each other of attempting to centralize Bitcoin and take it over, so people started talking about forking. But I believe that economic majority of users still suport Core and no fork can affect Bitcoin's price for a long period. So, as always. just relax and hodl. Or try to play the markets, if you brave enough 

Oh, you're right, I've totally missed the part with shorting. Yeah, in your scheme the cost of obtaining BCC right now would indeed be equal to the sum of all transaction and trading fees. Still it doesn't mean that the price of BCC will be on that level after market opening, because quite a few people would actually do this thing, while Jihan, big blockers and some traders will be supporting this coin, at least for some time. Airdrops like Byteball or Stellar didn't get dumped to near-zero prices, although their distribution is very similar to BCC.

If you are concerned about privacy, one of the first steps is to avoid spend-linking your addresses. It can be done by carefully selecting addresses for your incoming and outcoming transactions, and even having multiple wallets.

Here's an example - let's imagine you want to make a deposit in a casino, but gambling is banned in your country, so you need to prevent others from linking your addresses to your identity. If you have used exchange to buy Bitcoins, you can't send those coins directly to your casino deposit address, because casino addresses are very well knows, so exchange operator will know both your identity and the fact that you have used illegal gambling services, and can easily reveal this information to the police. But if you have coins that aren't linked to your person, like for example your payment for a signature campaign, you could send them to your casino account directly and stay anonymous, as long as you don't spend-link them with addresses that can be traced to you. So, in my example, if you will use coins from your signature campaign address and exchange address to pay to some address (no matter what it is), you will reveal the fact that you have deposited to a casino, even though it wasn't a direct transaction from your exchange account. This also means that you can potentially spend-link your mixed coins with addresses that are linked to your identity, effectively voiding your mixing. So plan your transactions carefully if privacy is a real concern to you.

This site - https://www.walletexplorer.com - allows you to check for connections between addresses and it also know what addresses belong to some services, like popular exchanges or casinos.

Doing this kind of operation is risky, because Bitcoin's volatility can be higher than the price of BCC. Lets say you buy more Bitcoins at $2800, it drops to $2500, and you get BCC at $150; so you lost 10% at BTC, but gained 5% at BCC, which is a total -5% change. It would be more profitable to simply trade BTC without taking BCC into account, if you can predict price shifts really well.

At your age, you should focus on education. You can start preparing for college, or learn some skills like coding or design. Signature campaigns can be quite lucrative for people from poor countries and might be even more profitable than real jobs there, but you can't rely on them, they might decline in the future, or even get removed from this forum.

And then what? I'm sorry, but I fail to see how this is a threat to Bitcoin's network, it's users and other miners. He will just drop difficulty for Bitcoin miners and make them quite happy.

I think this is about selling more asics and mining more altcoins. ETC created space for miners equal to 9% of ETH network's hashrate, while maintaining the same revenue, so maybe BU, BCC, Segwit2x serve the same purpose - create more space for mining.

~Users sell coins, which pushes the price down.

This means that any change to the network that will get rejected by economic majority (dumped) will ultimately fail, because it will be unprofitable to mine. Mining is a business - you produce coins for users, if they don't like them, you go bankrupt. This means that chain splits are not as scary as people think, because bad chains will be rejected by community.

This is about different, because only the players are involved, but still a very interesting subject. Can you link to some of those profiles? Any idea how did they get exposed?


If a player wants to commit this fraud in fiat systems, he most likely needs to collude with the operator, because it's very hard to hide his identity. But with crypto it's almost impossible to find the person behind the address, which makes this type of fraud much more easier.


That's a good point, and I guess this means that low tier events can be considered as less safe to bet. Right?

Bookmakers aren't necessarily a part of this fraud, it's actually in their best interest to bust it. And this thread is about bookmakers, not casinos and their bankrolls.



This thread is not about casinos. Read the op post carefully.


Seems like you too not quite getting what I'm talking about, here's one of the most famous examples of bet fraud in esports - https://www.reddit.com/r/OutOfTheLoop/comments/36zzmh/what_does_322_in_esports_mean/

cryptodevil was actually doing it some time ago, and he was removing neg rep as soon as a member had taken down their signature. And it makes sense, because participants of bounty campaigns usually get scammed too, so there's no point to keep neg trust forever.

Alts will not preserve your USD value in case of Bitcoin's crash, they will tank with it. Why? Because alts are traded against BTC, very few alts like ETH or XRP are traded against USD, and even then their BTC volumes are overwhelmingly higher than USD volumes. So, BTC price drags alts price, and you can esily check it on coinmarketcap by switching between BTC and USD prices. Of course there are diviations caused by alts change of value due to news and speculation, but in general this pattern is very strong.

If we assume that people are really scared of chain splits and even rumors of it can cause significant price crashes, than it's probably better to sell now and wait for another "discount day", because the situation hasn't been resolved yet, SegWit is not activated, Jihan is planning something for his Bitcoin Cash, and of course there's a planned 2x fork from New York agreement. But Bitcoin is also a honey badger, so maybe it will just keep growing to new ATH in next few months, or will stay at $2600-2800 level for some period.